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Hi Bernard;
I just joined the group and stumbeled upon this thread, talk about late to the party! Truly impressive results and forthright marketing manner as well as the need to withdraw the demo. Those of us who arrived late will sit in the corner and await the announced release of your new endevor. Any registered user of Merlin wishing to issue an invatation to some Johnny-come-lately, all such much appreciated.
Thank you for the compliment and taking the time to read through this long thread.
I will be releasing the new Excalibur Enterprise Edition, a different program soon.
I have finished off and released the Guinevere Trading System and it has performed very well and is making pips for all owners.
Losses as usual are expected, but the recovery, which is what I program for, rather than win after win , is performing well. No losses yet, and no accounts blown, so I am , as they say, A Happy Camper.
I have a lot of new developments coming soon, far too many to list here, but the Excalibur support forum, has most of what is happening, so when you get a change, perhaps take a moment to log into the Excalibur support forum, and if you enjoy reading, well there are a lot of posts to say the least.
I have not logged in here, to my favorite Forex forum, much lately, as I am programming day and night since the beginning of summer and here we are nearing winter.
Anyway never late for the party so to speak.
Many new things coming soon.
To Success
Bernard
__________________
" Those that say it can not be done should leave those that are doing it alone "
one simple question here with no offense whatsoever, if this EA is really working that well and you can make your own money grow, why are you selling it instead of giving it for free?
Here is the answer, and it is quite easy to find:
500 x $695.00 = $347,500
Now let's take away operating costs, which include payment processing (PayPal) and some charge backs, let's estimate this at around 8%.
So, net profit = $347,500 - 8% of $347,500
= $347,500 - $27,800
= $319,700
Wow!!
I guess you can see why he sells it, as it is more money than you would make trading any forex system. Now, all you have to do is come up with 4 or 5 more systems and apply the same selling model and you will become a forex $ millionaire, (well a forex system seller $ millionaire!!)
I guess you can now see where the true money in forex is?
Please upload .set file for 4 decimal and 5 decimal
Quote:
Originally Posted by Pheniox
Excalibur V 3
I have combined a well known indicator with some modifications, and programmed an EA that has show very good results since running it “live” starting October 10. 2008. I do not believe in back testing any EA. Excalibur V 3 has built in e-mail alerts and is fully automated. It will trade all currencies but has been tested only on the following since I began it live on a “demo “ account.
Excalibur V 3 is designed to run in a “Stealth” mode and not allow the broker to see the stoploss , as determined by the EA, and not allow the broker time to set up any script in an attempt to close down a trade in their favor and execute a loss on your side.
There is a drawdown and it does not perform well on any account under $3,000.00.
Although it will run on any account it is currently running live on a demo “mini” account with a balance of $3,000.00.
I am looking for a few members that are willing to set it up on a demo account and monitor the results.
The e-mail alert system will be deactivated for testing purposes so we can simply monitor the trading results.
Excalibur V 3 will write to a account summary file written into the /files folder/ as (account#)_Summary.txt file and save all trading results so we can compare different brokers and results.
I would also like to see the detailed report generated by your trading platform uploaded in htm format as well.
I would like to see the (account#)_Summary.txt file posted in this forum and the brokers name so we can compare results from different brokers.
Please contact me if you are interested in this project.
Week starting October 10, 2008 ending October Friday 17, 2008
Broker : InterbankFX
Total net profit in points 5250
Gross profit in points 5447
Gross loss in points -197
Absolute drawdown 0
Maximal drawdown 12 (0.2636%)
Relative drawdown 15% (9)
Trades total 404
Short positions (won %) 191 (87.4346%)
Long positions (won %) 213 (88.2629%)
Profit trades (% of total) 355 (87.8713%)
Loss trades (% of total) 49 (12.1287%)
Largest profit trade in points 116
Largest loss trade in points -6
Average profit trade in points 15.34366197
Average loss trade in points -4.02040816
To Success
Pheniox
The zip file contains the following:
Excalibur_Filters.ex4 This file goes into the /experts/indicators folder and Excalibur V3 uses it to determine its trades. You do not need to attach it to any chart.
Excalibur_V3_Beta_AUD_USD is the Excalibur V3 EA and goes into the /experts folder. It can be used on any currency and work best so far with a 15 m time frame. Attach this to the AUD/USD chart
Excalibur_V3_Beta_EUR_GBP is the Excalibur V3 EA and goes into the /experts folder. It can be used on any currency and work best so far with a 15 m time frame. Attach this to the EUR/GBP chart
Excalibur_V3_Beta_EUR_USD is the Excalibur V3 EA and goes into the /experts folder. It can be used on any currency and work best so far with a 15 m time frame. Attach this to the EUR/USD chart
Excalibur_V3_Beta_GBP_USD is the Excalibur V3 EA and goes into the /experts folder. It can be used on any currency and work best so far with a 15 m time frame. Attach this to the GBP/USD chart
Bernard
Hi this is Db from jamaica. is it possible enable to upload .set file for 4 decimal and 5 decimal broker also what should initial TP be 1000 pips ? 100
exc 3 has 1000 pip tp
Now let's take away operating costs, which include payment processing (PayPal) and some charge backs, let's estimate this at around 8%.
So, net profit = $347,500 - 8% of $347,500
= $347,500 - $27,800
= $319,700
Wow!!
I guess you can see why he sells it, as it is more money than you would make trading any forex system. Now, all you have to do is come up with 4 or 5 more systems and apply the same selling model and you will become a forex $ millionaire, (well a forex system seller $ millionaire!!)
I guess you can now see where the true money in forex is?
Nice post and thank you for answering the question so well here.
I make a very good living trading actually.
A quick login to my support forum will show I just made over 4,000 % yes that is correct, on one account alone, this month with a program I am running and have been for some time.
I also have several accounts5 visible on the support forum that have ranged from 20% up to 60% return this month.
I do make a fair amount of money with my programs by selling them, but keep in mind that I only sell so many copies and then remove them from the general public. I could sell another 500 copies of Excalibur fairly easy but have no reason to flood the market and eventually have the program blocked somehow.
As to my net worth. Well I am comfortable but have been almost bankrupt in this business while learning how not to trade several times...lol
To Success
And again thank you for taking the time to respond here.
You can follow my newest program here: Pheniox's page | Myfxbook
Bernard
__________________
" Those that say it can not be done should leave those that are doing it alone "
i run excalibur v 3.6. on:
GBPUSD Daily
USDCHF Daily
EURUSD 30M
how much pips montly can i expect with this configuration?
excalibur 3.6 is performing well in this market condition or is a little outdated?
regards
If this is a registered version it will run fine as it gets information from my servers.
Full answers are in my support forum.
If this is a demo or something it will do nothing currently but blow your accounts.
Bernard
__________________
" Those that say it can not be done should leave those that are doing it alone "